Investors' Soapbox AM

A Credible Threat to Visa, MasterCard

We believe that the Merchant Customer Exchange has the potential to pull a modest amount of payment volume away from Visa and MasterCard over the next few years (about 1%) with the potential to pull a greater amount over a longer time frame.

With that said, Merchant Customer Exchange (MCX) still faces significant hurdles including launching its service and signing consumers up, all the while juggling...